HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: AGORACOM.....conversations with Richard etc.

Jacki, thanks for the thoughts. Let me illustrate as follows:

Allowed:

I just spoke with (company official) and they said:

  • drilling is on schedule
  • things look good
  • everyone is optimistic and anxiously awaiting drill results
  • very happy with how the company is progressing

Not Allowed:

I just spoke with (company official) and they said:

  • drill results are better than anything reported before
  • drill results press release is coming tomorrow
  • a major is investing $50,000,000

I believe you can see the distinction - and yes, it is the TSXV and OSC that is dictating regulation. Noront, AGORACOM and IBK have no choice but to follow or get shut down. It is that simple.

Regards,
George

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